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Crypto News Center

Cardano Founder: Bitcoin To Rule DeFi World Within Three Years Rethinking Tax Reform Bills Be By Sanusi Maikudi Crypto firm Prometheum gained an edge under Gary Gensler’s SEC. Suddenly its future appears less certain sCrypt: Ordinals oracle Altcoin Season? Not Even Altcoin’s Month Right Now BINANCE COIN PRICE ANALYSIS & PREDICTION (August 6) – BNB Sees 20% Daily Gain In A Fresh Recovery, Has Selling Ended? Binance Says Venezuela Platform Is Being Hit by Access Restrictions NBTC: THORChain Protocol Revenue Rises 100%, Why Is RUNE Struggling? Ripple News: XRP Price Up 66% in Two Weeks, XRP ETF Approval Rumors Gain Traction Ethical AI and the Pursuit of Progressive Human Innovation in Canada - SPONSOR CONTENT FROM DESTINATION CANADA Bitcoin’s $1.7B Exchange Exit: Whales Bet Big on Long-Term Gains Cryptocurrency Mining Gets Green Light in Russia, Putin Signs New Law

US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard

US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard

On Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to this decline were three funds, with Grayscale’s GBTC taking the lead in outflows. 3 Leading Bitcoin ETFs Experience Major Outflows Grayscale’s Bitcoin Trust (GBTC) experienced a significant outflow of $69.12 million, bringing its total net divestments since Jan. 11, 2024, to $19.13 billion. GBTC wasn’t alone in facing losses; Ark...

BINANCE COIN PRICE ANALYSIS & PREDICTION (August 6) – BNB Sees 20% Daily Gain In A Fresh Recovery, Has Selling Ended?

BINANCE COIN PRICE ANALYSIS & PREDICTION (August 6) – BNB Sees 20% Daily Gain In A Fresh Recovery, Has Selling Ended?

Yesterday, BNB’s price reached an oversold condition after dropping consistently for a week. However, it has recovered significantly from the latest dip but the trend remains bearish on the daily chart. As the bull run continued to suspend due to the recent major sell-offs across the crypto space, BNB rolled over a week ago and broke through several key support levels to test $400 yesterday, marking its lowest price since...

NBTC: THORChain Protocol Revenue Rises 100%, Why Is RUNE Struggling?

NBTC: THORChain Protocol Revenue Rises 100%, Why Is RUNE Struggling?

RUNE, the native token of the cross-chain decentralized exchange, THORChain, is under pressure. From the daily chart, the token is down nearly 60% from May highs and remains flat even as the broader crypto market recovers. Even as RUNE flatlines, there is confidence that prices may rally in the coming days primarily because of fundamental factors and efforts made by the development team. THORChain Revenue Rising After Swap Fee Increment...

Cardano Founder: Bitcoin To Rule DeFi World Within Three Years

Rethinking Tax Reform Bills Be By Sanusi Maikudi

Crypto firm Prometheum gained an edge under Gary Gensler’s SEC. Suddenly its future appears less certain

US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard

BINANCE COIN PRICE ANALYSIS & PREDICTION (August 6) – BNB Sees 20% Daily Gain In A Fresh Recovery, Has Selling Ended?

NBTC: THORChain Protocol Revenue Rises 100%, Why Is RUNE Struggling?

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Cardano Founder: Bitcoin To Rule DeFi World Within Three Years

Cardano Founder: Bitcoin To Rule DeFi World Within Three Years

By Philip Maina 4 days agoSat Nov 30 2024 08:41:19 Reading Time: 2 minutes Cardano founder believes bitcoin DeFi will rule the DeFi space in three years Charles Hoskinson said that Bitcoin has liquidity and is now scalable He also noted that Bitcoin is gaining more popularity and value Cardano blockchain founder Charles Hoskinson believes that Bitcoin DeFi is poised to take over the DeFi space within the next three...

Rethinking Tax Reform Bills Be By Sanusi Maikudi

Rethinking Tax Reform Bills Be By Sanusi Maikudi

TAX By Sanusi Maikudi Premium Times’ editorial advocating for the tax reform bills demonstrates a commendable commitment to fiscal restructuring and economic sustainability. However, while the editorial raises valid points on the urgency of reforming Nigeria’s tax system, it does so with an oversimplified view of the contentious issues and the regional dynamics at play. A nuanced, balanced perspective is essential to adequately address the concerns raised by opposing stakeholders....

Crypto firm Prometheum gained an edge under Gary Gensler’s SEC. Suddenly its future appears less certain

Crypto firm Prometheum gained an edge under Gary Gensler’s SEC. Suddenly its future appears less certain

For years, the crypto industry has complained about the Securities and Exchange Commission’s hard-line stance, and its refusal to develop rules that account for blockchain’s distinct technology. One firm, though, claimed the SEC’s current crypto rules are just fine. This stance has paid off as the firm, Prometheum, won a first-of-its-kind license for crypto-based securities and—despite being virtually unknown in the crypto world—landed a prestigious slot in 2023 to testify...

sCrypt: Ordinals oracle

sCrypt: Ordinals oracle

This post was first published on Medium, and we republished with permission from the sCrypt team. YusufIdiMaina . Connect with the post’s author, Yusuf Idi Maina, on LinkedIn. Bitcoin smart contracts possess the capability to determine the validity of satoshis within a UTXO, yet they face limitations when verifying the presence and quantity of 1SatOrdinals tokens in a UTXO. While on-chain miners can validate the number of satoshis, Ordinals tokens...

Altcoin Season? Not Even Altcoin’s Month Right Now

Altcoin Season? Not Even Altcoin’s Month Right Now

Bitcoin’s price drop generally causes both concern and celebration, but the last few instances have only been the former. The dependence of the altcoins on Bitcoin has left them impaired, resulting in a failed Altcoin Season. Where Does Bitcoin Stand? Bitcoin’s price has declined sharply by 4% over the past 24 hours, dropping to $54,300. The dip below $55,000 raises concerns among investors, as this level represents the last significant...

BINANCE COIN PRICE ANALYSIS & PREDICTION (August 6) – BNB Sees 20% Daily Gain In A Fresh Recovery, Has Selling Ended?

BINANCE COIN PRICE ANALYSIS & PREDICTION (August 6) – BNB Sees 20% Daily Gain In A Fresh Recovery, Has Selling Ended?

Yesterday, BNB’s price reached an oversold condition after dropping consistently for a week. However, it has recovered significantly from the latest dip but the trend remains bearish on the daily chart. As the bull run continued to suspend due to the recent major sell-offs across the crypto space, BNB rolled over a week ago and broke through several key support levels to test $400 yesterday, marking its lowest price since...

Binance Says Venezuela Platform Is Being Hit by Access Restrictions

Binance Says Venezuela Platform Is Being Hit by Access Restrictions

Binance users in Venezuela says they're having difficulty accessing the crypto exchange. The restrictions follow a Thursday announcement that social-media platform X will be blocked for 10 days. According to one human-rights organization, the country's access to Amazon's CloudFront's service is being limited. Venezuela's users of Binance, the world's largest cryptocurrency exchange, are experiencing difficulty accessing the site, the company said in a post on X. "Like several company websites...

NBTC: THORChain Protocol Revenue Rises 100%, Why Is RUNE Struggling?

NBTC: THORChain Protocol Revenue Rises 100%, Why Is RUNE Struggling?

RUNE, the native token of the cross-chain decentralized exchange, THORChain, is under pressure. From the daily chart, the token is down nearly 60% from May highs and remains flat even as the broader crypto market recovers. Even as RUNE flatlines, there is confidence that prices may rally in the coming days primarily because of fundamental factors and efforts made by the development team. THORChain Revenue Rising After Swap Fee Increment...

Ripple News: XRP Price Up 66% in Two Weeks, XRP ETF Approval Rumors Gain Traction

Ripple News: XRP Price Up 66% in Two Weeks, XRP ETF Approval Rumors Gain Traction

The crypto market has been on a rollercoaster, with a recent plunge sending shockwaves through the industry. While most top altcoins took a nosedive, XRP defied gravity, showing unexpected resilience. Its price drop was notably smaller, and market indicators suggest a strong resistance to further decline. Does this mean XRP is making its comeback? Read on to know the truth. Crypto influencer Wise Advice has noted a significant boost in...

Ethical AI and the Pursuit of Progressive Human Innovation in Canada - SPONSOR CONTENT FROM DESTINATION CANADA

Ethical AI and the Pursuit of Progressive Human Innovation in Canada - SPONSOR CONTENT FROM DESTINATION CANADA

Technology evolving as rapidly and unpredictably as artificial intelligence is bound to raise questions of trust. As AI drives rapid transformation in all facets of business and society, many leaders seem uncertain about its implications, regarding it with a mix of awe and anxiety about what AI might help us do—and what it might do to us. But where some leaders feel trepidation, others feel optimism. With the right guardrails...

Bitcoin’s $1.7B Exchange Exit: Whales Bet Big on Long-Term Gains

Bitcoin’s $1.7B Exchange Exit: Whales Bet Big on Long-Term Gains

You are here: Home / News / Bitcoin’s $1.7B Exchange Exit: Whales Bet Big on Long-Term Gains According to IntotheBlock, Bitcoin (BTC) recorded an impressive $1.7 billion in net outflows from exchanges, and this is the highest in over a year. Such a large movement indicates that whales are buying more BTC during the recent market fall. Such actions usually refer to those big investors, who are known as people...

Cryptocurrency Mining Gets Green Light in Russia, Putin Signs New Law

Cryptocurrency Mining Gets Green Light in Russia, Putin Signs New Law

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10 Best Crypto Exchanges: Top Trading Platforms to Trade Bitcoin in 2024

10 Best Crypto Exchanges: Top Trading Platforms to Trade Bitcoin in 2024

The best crypto exchange is a platform that makes it very easy and safe to trade cryptocurrencies. These platforms let you buy, sell, and store digital assets. And, if you are a day trader, you also need a platform that offers tools for research and technical analysis. Also, apart from the basic trading features, some exchanges offer staking, NFT trading, and lending . Here, we’ll look at some key criteria...

Bitcoin Whales Accumulate 71,000 BTC Amidst Price Dip – Details

Bitcoin Whales Accumulate 71,000 BTC Amidst Price Dip – Details

The price of Bitcoin has continued a mild recovery in the last 24 hours following the recent price plunge in the first week of July. According to data from CoinMarketCap, BTC is up by 1.11% in the last day as the market bulls appear to gather momentum for a full-price rebound. Interestingly, the on-chain analysis platform, IntoTheBlock has provided some insights into the resilient behaviors of these Bitcoin optimists amidst...

Blockchains Against Corruption

Blockchains Against Corruption

Does your company do worst-case scenario planning? What will you do if the rule of law erodes and corruption accelerates? The year 2024 is set to be one of the biggest and most important election years in history. It comes at a time of global instability, where there is, once again, a war in Europe, and the post-World War II international order itself is under strain. Although decentralized technology cannot...

XRP Pumps 18%, $1 is Next Target – Best Altcoin to Buy?

XRP Pumps 18%, $1 is Next Target – Best Altcoin to Buy?

XRP is outpacing the crypto market today with an 18% pump. Holders are unsurprisingly emphatic after months of waiting for this moment. But will it keep pumping, or are other trending altcoins like Crypto All-Stars and Hedera better investments? XRP Price Rallies On Speculation of SEC Chair’s Resignation The multi-year saga between the SEC and Ripple Labs, the creator of XRP, is finally ending. Ripple Labs won a long-standing lawsuit...

Most Promising Cryptos in December 2024 That Could Bring High Profits

Most Promising Cryptos in December 2024 That Could Bring High Profits

You are here: Home / News / Most Promising Cryptos in December 2024 That Could Bring High Profits Are you tired of sifting through endless crypto projects, trying to figure out which ones might deliver the big gains everyone dreams of? It’s not easy, especially with so many options, but don’t sweat it—some standout picks are making waves right now and could be worth your attention. Whether you’re looking for...

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

A closely followed crypto strategist thinks that it is almost time for altcoins to steal Bitcoin’s (BTC) thunder. Pseudonymous analyst TechDev tells his 481,600 followers on the social media platform X that he’s looking at historical price action to determine the arrival of a new altseason. According to the trader, data from crypto’s 2017 and 2020 bull markets suggest that a fresh altseason is on the horizon. “When altseason? Advertisement...

US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard

US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard

On Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to this decline were three funds, with Grayscale’s GBTC taking the lead in outflows. 3 Leading Bitcoin ETFs Experience Major Outflows Grayscale’s Bitcoin Trust (GBTC) experienced a significant outflow of $69.12 million, bringing its total net divestments since Jan. 11, 2024, to $19.13 billion. GBTC wasn’t alone in facing losses; Ark...

Bitcoin Developer Samson Mow Says BTC Will Rise To $1 Million, Here’s When

Bitcoin Developer Samson Mow Says BTC Will Rise To $1 Million, Here’s When

Bitcoin developer Samson Mow has for a while now continued to assert that BTC is going to reach $1 million. He has again reaffirmed his bullish stance and mentioned when exactly the flagship crypto will hit this unprecedented price target. When Bitcoin Will Rise To $1 Million Mow mentioned that he is still certain that Bitcoin will reach $1 million and added that the flagship crypto will reach this price...

Sequels That Outshine: After Pepe (PEPE), Bome (BOME), and Dogwifhat (WIF), This Coin Is Primed for 100X Success

Sequels That Outshine: After Pepe (PEPE), Bome (BOME), and Dogwifhat (WIF), This Coin Is Primed for 100X Success

PAW integrates DeFi with NFTs, raising $4.5M in presale, poised for 100X returns amid Bitcoin’s surge. PEPE mirrors Bitcoin, eyes $0.00001028 with market optimism and institutional interest.” BOME rallies 14% to $0.01076, signals bullish momentum with a 211% volume surge and breakout from bearish trends.” Pepe, BOME, and Dogwifhat have captivated investors with significant market surges and enthusiastic community support in a whirlwind of cryptocurrency movements. Pepe has shown resilience,...

Ethereum Price Crashes Over 20%: Market Reacts to Major Sell-Off

Ethereum Price Crashes Over 20%: Market Reacts to Major Sell-Off

Ethereum price nosedived after it settled below $3,000. ETH is down over 20% and it is now attempting to recover from the $2,000 zone. Ethereum started a major decline below the $2,800 and $2,650 levels. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The...

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